The German statistical office Destatis released its wholesale prices for Germany on Friday. German wholesale prices fell 0.5% in February, after a 0.4% decrease in January.
On a yearly basis, wholesale prices in Germany dropped 1.9% in February, after a 1.0% decline in January. Wholesale prices have been declining since July 2013.
The annual fall was mainly driven by a 15.1% drop in solid fuels and related products.